Mayo Clinic logo
Mayo Clinic

Headquartered in Rochester, Minnesota, Mayo Clinic is a nonprofit medical institution ranked first in more specialties than all other hospitals in America. The company employs arou

Revenue Analyst III

Location

United States

Posted

35 days ago

Salary

$88.4K - $136.4K / year

Seniority

Senior

Bachelor Degree

Job Description

Revenue Analyst III

Mayo Clinic

Title: Revenue Analyst III -Remote Location: Rochester United States Job Description: Why Mayo Clinic Mayo Clinic is top-ranked in more specialties than any other care provider according to U.S. News & World Report. As we work together to put the needs of the patient first, we are also dedicated to our employees, investing in competitive compensation and comprehensive benefit plans - to take care of you and your family, now and in the future. And with continuing education and advancement opportunities at every turn, you can build a long, successful career with Mayo Clinic. Benefits Highlights - Medical: Multiple plan options. - Dental: Delta Dental or reimbursement account for flexible coverage. - Vision: Affordable plan with national network. - Pre-Tax Savings: HSA and FSAs for eligible expenses. - Retirement: Competitive retirement package to secure your future. Responsibilities This is the third in a series of four revenue cycle analyst roles in a multi-site, multi-specialty academic medical center. Works collaboratively in a team environment to support the hospital, surgical and clinical practices as well as Mayo Clinic leadership on revenue cycle issues. Actively communicate and present pertinent information to various audiences, particularly practice and finance leadership. In addition, communication to senior leaders and formal Mayo committees is expected. Proactively identifies opportunities and recommends options for enhancing revenue, while preserving Mayo standards and minimizing the financial and legal risks to Mayo. Interprets, implements, and maintains billing and compliance rules across the revenue cycle. Is recognized and relied upon as a subject matter expert in multiple revenue or compliance technical areas. Uses reporting tools to understand revenue and compliance risks and opportunities with significant impact to Mayo Clinic and conveys these along with impact and recommendations to leadership. Interprets and implements Mayo and governmental coding and billing rules and guidelines to ensure compliance. Conducts research and analysis, benchmarking, and audits to ensure reasonableness and accuracy of information along with identifying and implementing best practices and improvements. Responsible for the development, implementation and maintenance of programs and tools for revenue recognition and billing compliance; the interpretation and implementation of billing rules, policies and regulations; and identifies opportunities and recommends options for increasing financial margins. Provides advanced revenue and billing analytics to support department and institutional leadership. Actively participates in decision-making related to revenue and billing opportunities. Leads and facilitates multi-disciplinary workgroups or projects. Mentors, coaches, and trains staff. Qualifications Bachelor's Degree required in economics, mathematics, business administration, accounting, finance, healthcare business related fields or statistics and 6 years of relevant experience; OR High School degree and 10 years of relevant experience in lieu of Bachelor's degree. Master's degree in business administration, finance, accounting, or healthcare business related field with 4 years relevant experience preferred. Coding/Compliance Certification preferred. Healthcare Financial Management Association (HFMA) Certification Preferred. Preferred Qualifications - Demonstrated strength in analytical problem solving, including the ability to identify root causes, assess workflow challenges, and translate data into actionable insights. - Education, formal training, or practical experience in process improvement methodologies, such as Lean, Six Sigma, A3 thinking, or similar continuous improvement frameworks. - Experience applying Lean or continuous improvement methods to operational, financial, or revenue cycle processes within a healthcare environment is strongly preferred. - Background in healthcare operations, revenue cycle, finance, or analytics, with experience evaluating workflows, standardizing processes, and driving measurable efficiency or quality improvements. - Ability to collaborate with cross-functional stakeholders and support change initiatives using structured, data-driven approaches. - Has a highly developed understanding of coding, billing and compliance practices. Has advanced knowledge of large revenue recognition systems and practice billing systems. Advanced investigational skills, shows attention to detail, accuracy and ability to manage and prioritize multiple tasks. Ability to work independently. Possess initiative, analytical skills, and an ability to operate with a high level of productivity. Demonstrates advanced communication and presentation skills. Ability to work in a team environment and develop constructive working relationships with others. Able to lead others through difficult situations. - This position is a 100% remote work. Individual may live anywhere in the US. This vacancy is not eligible for sponsorship / we will not sponsor or transfer visas for this position. During the selection process, you may participate in an OnDemand (pre-recorded) interview that you can complete at your convenience. During the OnDemand interview, a question will appear on your screen, and you will have time to consider each question before responding. You will have the opportunity to re-record your answer to each question - Mayo Clinic will only see the final recording. The complete interview will be reviewed by a Mayo Clinic staff member and you will be notified of next steps. Exemption Status Exempt Compensation Detail $88,358 - $136,448 / year Benefits Eligible Yes Schedule Full Time Hours/Pay Period 80 Schedule Details Monday - Friday 8:00 am - 5:00 pm International Assignment No Site Description Just as our reputation has spread beyond our Minnesota roots, so have our locations. Today, our employees are located at our three major campuses in Phoenix/Scottsdale, Arizona, Jacksonville, Florida, Rochester, Minnesota, and at Mayo Clinic Health System campuses throughout Midwestern communities, and at our international locations. Each Mayo Clinic location is a special place where our employees thrive in both their work and personal lives. Learn more about what each unique Mayo Clinic campus has to offer, and where your best fit is. Equal Opportunity All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, protected veteran status or disability status. Learn more about the 'EOE is the Law'. Mayo Clinic participates in E-Verify and may provide the Social Security Administration and, if necessary, the Department of Homeland Security with information from each new employee's Form I-9 to confirm work authorization. Recruiter Ronnie Bartz

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Operations Analyst III

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Headquartered in Rochester, Minnesota, Mayo Clinic is a nonprofit medical institution ranked first in more specialties than all other hospitals in America. The company employs arou

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Title: Operations Analyst III -Rev Cycle-Remote Location: Rochester United States Job Description: Why Mayo Clinic Mayo Clinic is top-ranked in more specialties than any other care provider according to U.S. News & World Report. As we work together to put the needs of the patient first, we are also dedicated to our employees, investing in competitive compensation and comprehensive benefit plans - to take care of you and your family, now and in the future. And with continuing education and advancement opportunities at every turn, you can build a long, successful career with Mayo Clinic. Benefits Highlights - Medical: Multiple plan options. - Dental: Delta Dental or reimbursement account for flexible coverage. - Vision: Affordable plan with national network. - Pre-Tax Savings: HSA and FSAs for eligible expenses. - Retirement: Competitive retirement package to secure your future. 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Provides regular updates to senior leadership. Solicits and makes key decisions. May provide direct supervision to staff. Understands and is accountable for ensuring a control environment is maintained to preserve Mayo's Standard of Ethics and minimize the financial and legal risks for Mayo. May work evening and weekend hours and travel as needed. Qualifications Bachelor's with 7 years of relevant experience OR Master's with 3 years relevant experience. Relevant experience is considered in Finance Revenue Cycle, or Healthcare. Healthcare Financial Management Association (HFMA) Certification Preferred. Preferred knowledge and experience in Project Management. Extensive knowledge of physician and laboratory billing systems for Governmental, managed care and commercial payers. Customer-service oriented, timely in responses to requests for service/information, able to manage multiple tasks and priorities, have the ability to work independently and possess leadership skills. 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Job Closed